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Posts tagged satoru-iwata

Iwata clarifies: Nintendo is not done with consoles

Last week, Nintendo president Satoru Iwata mentioned that the company was rethinking its business strategy following poor sales of the Wii U console. Speculation that Nintendo would cease building consoles immediately followed, but Iwata assures fans and investors that this is not the case. "The...

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Iwata: Nintendo 'thinking about a new business structure' following weak console sales

With Nintendo having to slash its forecasts following weak Wii U sales comes the contemplation of new business strategies. While not announcing any definitive changes in the company's direction, Nintendo President Satoru Iwata admitted at a press conference today in Osaka, Japan that the company is...

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Report: Nintendo aims for 5 million 3DS sales in Japan this year

Capcom held an event in Tokyo today for Monster Hunter 4 , during which Nintendo president Satoru Iwata revealed Nintendo intends to sell five million 3DS systems in Japan this calendar year. This figure is actually part of a bigger goal, Bloomberg reports: worldwide 3DS sales of 18 million. Nin...

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Iwata: Wii U's price isn't the problem

While the Wii U hasn't sold particularly well, with Nintendo moving just 160,000 units across three months in Q1 2013, Nintendo President Satoru Iwata is holding strong that the system's price isn't the problem - the price discrepancy between the two Wii U models is. "If the price is actually an is...

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Iwata: Nintendo magic comes from integrating hardware and software

Nintendo president Satoru Iwata says the company's chief differentiator is its invention and introduction of hardware and software, and how having those different teams under the same umbrella. "What I believe is that Nintendo is a very unique company, because it does its business by designing a...

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Iwata: Profitability possible without layoffs

Nintendo global president Satoru Iwata believes that his company can get back into the black without firing any of its employees, through good ol' fashioned efficiency and cost-saving measures. "It is true that our business has its ups and downs every few years, and of course, our ideal situatio...

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The Wii Vitality Sensor is dead, at least for now

If the Wii Vitality Sensor were to be spoken of in Monty Python parrot terms, it would be an ex-parrot – bereft of life, it rests in peace. Originally announced back in 2009, Nintendo's unreleased biometric accessory has been indefinitely shelved due to the fact that the thing doesn't work wi...

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Iwata 'very willing to change' current Wii U situation, focus is momentum 'towards end of this year'

"Our focus is, first of all, to regain the momentum of the Wii U towards the end of this year, and then we'll try to establish successful third-party Wii U software titles," Nintendo president and CEO Satoru Iwata told IGN. "I believe in the importance of third-party support for Nintendo platforms....

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Nintendo not doing E3 press conference, holding smaller closed events instead

In an investor presentation, Nintendo CEO Satoru Iwata announced that Nintendo will skip the usual large-scale E3 press conference this year in favor of "a few smaller events that are specifically focused on our software lineup for the U.S. market." One of these events will be for American distribu...

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Satoru Iwata to assume Nintendo of America CEO role

Nintendo president Saturo Iwata will assume the additional role of Nintendo of America Chief Executive Officer, overseeing NoA President and Chief Operating Officer Reggie Fils-Aime, who remains in place. The move is one of several board changes in the wake of planned retirements. The executive-lev...

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